600243.SS
Price:
$4.96
Market Cap:
$2.18B
QingHaiHuaDing Industrial CO., LTD. researches, develops, manufactures, and sells CNC machine tools and elevator accessories in China. It offers heavy-duty horizontal, roll, and railway special lathe products; and milling machine series products, special mechanical equipment, environmental protection equipment, vertical and horizontal machining center products, scroll compressors, gears, precision components of transmission, etc. The company also provides gantry machining center, boring and milling center, inorganic glass magnesium composite air duct, and color plate phenolic composite duct products. Its products are used in general machinery, construction machinery, steel, aerospace, rail t...[Read more]
Industry
Industrial - Machinery
IPO Date
2000-11-20
Stock Exchange
SHH
Ticker
600243.SS
According to QingHai HuaDing Industrial CO.,LTD.’s latest financial reports and current stock price. The company's current Current Ratio is 2.43. This represents a change of -8.96% compared to the average of 2.67 of the last 4 quarters.
The mean historical Current Ratio of QingHai HuaDing Industrial CO.,LTD. over the last ten years is 1.92. The current 2.43 Current Ratio has changed 12.55% with respect to the historical average. Over the past ten years (40 quarters), 600243.SS's Current Ratio was at its highest in in the September 2024 quarter at 3.34. The Current Ratio was at its lowest in in the December 2021 quarter at 1.28.
Average
1.92
Median
1.94
Minimum
1.28
Maximum
2.61
Discovering the peaks and valleys of QingHai HuaDing Industrial CO.,LTD. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 55.28%
Maximum Annual Current Ratio = 2.61
Minimum Annual Increase = -39.41%
Minimum Annual Current Ratio = 1.28
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 2.61 | 29.39% |
| 2023 | 2.01 | 3.48% |
| 2022 | 1.95 | 52.03% |
| 2021 | 1.28 | -39.41% |
| 2020 | 2.11 | 37.98% |
| 2019 | 1.53 | -20.95% |
| 2018 | 1.94 | -1.54% |
| 2017 | 1.97 | 1.71% |
| 2016 | 1.93 | 1.44% |
| 2015 | 1.91 | 55.28% |
The current Current Ratio of QingHai HuaDing Industrial CO.,LTD. (600243.SS) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
2.19
5-year avg
1.99
10-year avg
1.92
QingHai HuaDing Industrial CO.,LTD.’s Current Ratio is greater than Zhejiang Three Stars New Materials Co., Ltd. (1.07), greater than General Elevator Co., Ltd (2.10), greater than Shenzhen S-king Intelligent Equipment Co., Ltd. (1.60), greater than Yorhe Fluid Intelligent Control Co., Ltd. (0.74), greater than Flying Technology Co., Ltd. (2.12), greater than Shandong Swan CottonIndustrial Machinery Stock Co.,Ltd. (1.51), greater than Sichuan Dawn Precision Technology Co.,Ltd. (1.30), greater than Xuancheng Valin Precision Technology Co., Ltd. (0.76), greater than New Universal Science and Technology Co., Ltd. (0.56), less than Shanghai Huaming Intelligent Terminal Equipment Co., Ltd. (2.62),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.07 | $2.20B | |
| 2.10 | $2.67B | |
| 1.60 | $2.47B | |
| 0.74 | $2.88B | |
| 2.12 | $2.28B | |
| 1.51 | $2.22B | |
| 1.30 | $2.66B | |
| 0.76 | $1.84B | |
| 0.56 | $2.37B | |
| 2.62 | $2.03B |
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